Emirates National Oil
Company (ENOC) has announced that its ENOC Processing Company (EPCL) Jebel Ali
facility will see an expansion project allowing for 50 percent growth at the
facility.
“As the UAE continues its journey as a
regional powerhouse, meeting the growing energy demand tops the government’s
agenda,” Saeed Al Tayer, ENOC’s vice chairman, said. “We
continue to move forward to realize our wise leadership’s vision in the
establishment of a robust infrastructure to support the growth of the UAE
economy which is based on the diversification of energy resources by increasing
fuel production through the expansion of EPCL’s refinery.”
Al Tayer also discussed how
the expansion project is a key building block for the company in the energy
infrastructure sector. The project should help meet future demand and support
sustainable growth, allowing the company to stay in line with Dubai Plan 2021.
“The UAE’s energy demand is
growing at about 9 percent a year; since our establishment, we have grown into
a responsible, profitable and sustainable organization that has continuously
met these needs,” Saif Al Falasi, group CEO of ENOC, said.
“An emerging aviation sector and the evolving logistics needs of numerous
businesses invoke a strategy that demands foresight. The refinery expansion is
part of this strategy to develop enabling infrastructure that fuels the
nation’s growth.”
